Australia Defence

Sydney-based xReality Group (ASX:XRG) completed a high-stakes, 20-month subcontract for the US Department of Defence.

The Australian Securities and Investments Commission has launched a formal investigation into counter-drone manufacturer DroneShield (ASX:DRO).

A recent inquiry by the UK House of Commons Defence Committee has raised significant concerns regarding Britain’s ability to fulfil its commitments under the AUKUS security pact.

The federal government has bypassed a homegrown defence solution in favour of an additional $2.3 billion investment in American-made weaponry.

The Albanese Government has finalised contracts with AIM Defence and SYPAQ Systems.

Eden Innovations (ASX:EDE) secured $4.1 million through a strategic institution-led placement.

Defence Minister Richard Marles is set to announce a monumental $53 billion boost to Australia's military coffers over the next decade.

Electro Optic Systems (ASX:EOS) has been ordered to pay $4 million penalty for 2022 disclosure breaches.

DroneShield (ASX:DRO) announces a major leadership transition as CEO Oleg Vornik steps down after a decade of record growth.

Flight Centre Travel Group (ASX:FLT) entered a binding agreement to divest its 47% stake in Pedal Group for $61.7 million.

The Federal Court is set to slap Electro Optic Systems (ASX:EOS) with a $4 million penalty following a breach of its disclosure obligations.

Electro Optic Systems (ASX:EOS) secured two new defence contracts in the United States and a milestone in a conditional South Korean deal.